Articles and Tax Tips

Last week we provided one tip for handling the new IRS update that makes it more likely you will be penalized for minor Form 1099 errors. This week, we provide an additional tip for penalty free filing under these recent changes in the law.

The problem posed by payee’s reluctant to divulge their name and taxpayer identification number (TIN) is a common one. So what should you do in response? 

More states than ever are seeking to assert their taxing authority over out-of-state companies doing in-state business regardless of whether those companies have a physical presence in the state. Are you prepared to respond?

As seems to be the case in recent years, the IRS is making changes to deadlines for key information returns; this time to Forms 1095 statements. Read on for what you need to know as this year's upcoming hectic filing season takes further shape.

With all the news of late involving the accelerated filing season, new restrictions on requests for extensions, and more - it is nice to see that the concerns of AP pro's have been taken into account regarding at least one information return.

If your organization is an applicable large employer, you must report information about the health care coverage offered to your full-time employees. Here are several tips to help you correctly file Forms 1094/1095:

You generally must include fringe benefits in an employee's gross income. But what about "de minimis" benefits? This week, let's take a look at one such situation.